Former Finance Secretary Ajay Seth. File The government on Thursday (July 24, 2025) appointed former Finance and Economic Affairs Secretary Ajay Seth as chairman of the Insurance Regulatory and Development Authority of India (IRDAI). The Appointments Committee of the Cabinet has approved Seth’s appointment as chairperson of the insurance regulator for a period of three … Read more
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing … Read more
The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), … Read more
Finance department Special Chief Secretary K. Ramakrishna Rao is all set to take charge as the new Chief Secretary of Telangana on April 30 evening. The 1991-batch officer has worked in various capacities in the united Andhra Pradesh State and was made the Finance Secretary after the formation of separate Telangana. He continued in the … Read more
The Maharashtra’s Deputy Chief Minister and Finance Minister Ajit Pawar will present the State Budget for 2025-26 on Monday, March 10, 2025. | Photo Credit: EMMANUAL YOGINI The Maharashtra’s Deputy Chief Minister and Finance Minister Ajit Pawar will present the State Budget for 2025-26 on Monday (March 10, 2025). Notably, this will be the … Read more
The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a … Read more
Union Finance Minister Nirmala Sitharaman on Monday attacked Congress MP Rahul Gandhi over his “stupid self-confidence.” Her remarks came just hours after the Leader of Opposition in Lok Sabha claimed that China “is sitting inside the country” due to the failure of the Make-In-India initiative. Congress MP and Leader of Opposition in Lok Sabha, Rahul … Read more
Indian benchmark indices ended Monday on a positive note aided by banks and financial services stocks. Individually, Kotak Mahindra Bank, HDFC Bank and Bajaj Finance did the heavy lifting. While the S&P BSE Sensex settled at 77,073.44, up by 454.11 points or 0.59%, the broader Nifty closed at 23,344.75, higher by 141.55 points or 0.61%. … Read more
Vijay Mallya puts up post on social media saying this amount was more than twice the debt adjudicated by courts. File. | Photo Credit: Reuters Taking a swipe at Finance Minister Nirmala Sitharaman for her statement in Parliament that banks recovered Vijay Mallya’s assets worth ₹14,131.6 crore and returned to public sector banks, the fugitive … Read more
Nisus Finance Services Co Ltd on Friday said it aims to raise over Rs 114 crore through its initial public offering (IPO) which will open for subscription on December 4. The issue, with a price band of Rs 170 to Rs 180 per share, will conclude on December 6. The anchor book bidding will open … Read more